Industrial & Commercial Bank of China (ICBC) and online retailer JD.com have forged a partnership to offer digital banking services, via JD’s finance unit JD Finance.
Using the new digital platform, customers can request credit services such as proof-of-deposit slips through the online platform. The logistics division of JD.com will deliver the documents to the customer’s home.
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Additionally, the new platform will allow users to open an account with ICBC and request certificates of deposit online.
Earlier, the banks customers had to visit physical branch offices to obtain such documents.
The partnership between ICBC and JD.com is the latest example of a bank teaming up with a technology firm in areas beyond e-commerce.
Earlier, the Agricultural Bank of China and Baidu as well as Bank of China and Tencent agreed to forge similar partnership for digital banking services.
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By GlobalDataIn March, Ant Financial Services Group, which owns online payment platform Alipay, announced a partnership with China Construction Bank.
